Bitcoin price crashes below $68,000
On Friday, March 15, quotes of the first cryptocurrency fell to below $68,000. Over the course of a day, the asset fell in price by almost 8%, according to CoinGecko.
With the flagship correction, leading altcoins also found themselves in the red zone. The exception was Solana.
The total market capitalization fell to $2.7 trillion, losing 6.4% per day. BTC dominance index - 49.2%.
In 24 hours, positions worth $681 million were liquidated on the Bitcoin options market, according to Coinglass.
Greeks.live experts noticed that digital gold fell during the American trading session, while growth was observed during Asian trading hours. In their opinion, bullish sentiment has cooled somewhat after the cryptocurrency reached another high.
Glassnode specialists noted that against the backdrop of a cryptocurrency rally above $70,000, hodlers began selling, taking profits.
Let us remind you that JPMorgan analysts allowed Bitcoin to correct to $42,000 after the upcoming halving in April.
